FG seeks fresh investments in oil, gas sector

The Federal Government has reiterated its committedness to attracting much investments into Nigeria’s lipid and state assemblage to thrust industrialisation and economical growth.

This is contained successful a connection issued by Mr Michael Adande, spokesperson of Renaissance Africa Energy Company Limited.on Tuesday successful Abuja.

According to the statement, Mrs Olu Verheijen,Special Adviser to the President connected Energy, restated the committedness during a gathering with Mr Tony Attah, Manging Director of Renaissance Energy, successful Abuja.

She said the President Bola Tinubu medication was focussed connected reforms that make an enabling situation for investors and enactment nationalist improvement targets.

Verheijen commended Renaissance Energy for its efforts successful boosting lipid and state accumulation since acquiring Shell’s onshore assets successful the state earlier this year.

“Renaissance has truthful acold recorded implicit 40 per cent summation successful lipid accumulation wrong 150 days of finalising the acquisition,” helium said.

She added that the authorities expects further drilling activities and caller wells to prolong accumulation growth.

“This medication remains committed to reforms that beforehand transparency, efficiency, and capitalist assurance successful the vigor sector,” she said.

In his remarks, Attah praised Verheijen for her relation successful implementing 3 Executive Orders that person transformed the lipid and state landscape.

He attributed the company’s occurrence to the supportive situation created by the medication of President Bola Tinubu.

Attah acknowledged the government’s efforts successful creating policies that promote backstage assemblage information and semipermanent investment.

“Renaissance Africa aims to go Africa’s starring vigor company, promoting vigor information and sustainable industrialisation,” helium said.

He explained that the company’s interior reforms had improved enactment conditions and motivated staff, resulting successful accrued regular crude lipid output.

Attah disclosed that Renaissance and its associated task partners are present gathering contractual state proviso obligations to Nigeria LNG Limited.

“This marks the archetypal clip successful much than 5 years that the institution has fulfilled its state proviso commitments to NLNG,” helium added.

According to him, the company’s strategy is yielding contiguous results and positioning it for semipermanent maturation and determination impact.

He assured that Renaissance remained committed to supporting Nigeria’s vigor modulation and contributing to nationalist improvement goals.

The station FG seeks caller investments successful oil, state sector appeared archetypal connected Vanguard News.